[committee] Alternative Investment Account

[Andrew Adamson]

I trust you're referring to the cash reserve account and not the term 
deposit here. Moving it sounds like a good idea, especially seeing as 
Westpac screwed us over on the interest rate just after I changed the 
account type to reduce the fees. As for the guild banking, will it be set 
up as an account that is separate to our daily guild account?

Andrew Adamson
bob at ucc.asn.au

|"If you can't beat them, join them, and then beat them."                |
| ---Peter's Laws                                                        |

On Thu, 5 Sep 2013, Mark Anderson wrote:

> Samuel Shenton and I have been investigating the possibility of closing the Westpac investment account and opening a new investment account with the Guild Finance. This is due to the fact that the guild account offers us a higher
> interest rate (4%) with less restrictions than anything offered by Westpac Bank.
> The current requirements for the guild investment account is to simply leave the balance above $3,000. This is easily achievable based on the current funds available, and there are also no restrictions regarding withdrawals or
> deposits.
> 
> If you have any enquiries regarding the investment account please do one of the following
> A) Send a kindly worded email with your enquiry
> B) Smash your head against a wall until you forget your enquiry 
> 
> Regards
> Mark Anderson [NEO]
> 
>